Replies to post #2774 on BioSante Pharmaceuticals, Inc. (BPAX)

[dgras0007]

Well you have till March for this stock to move above 0.50 cents (my case since I bougth the March 0.50 cents calls at 0.14 so for me anything above 0.50 is a profit) Of course you can buy the 2.50 calls next to nothing, probably a penny but if it hits 2.50 each penny turns into 2.50. If it stays below 0.50 by March then you lose your money but usually you can sell before if your hopes begin to wade off...It all depends on the catalysts and your sentiment towards the stock. This is a Nasdaq stock sitting on a lot of money.